These days, you can be sure that when a company announces it is being acquired, it will also be sued by a bevy of plaintiffs’ lawyers.
Merger litigation is a big issue in Delaware, and it reached a record rate last year. According to a new study that I prepared along with Matthew D. Cain, 97.5 percent of takeovers in 2013 with a value over $100 million experienced a shareholder lawsuit.
via Corporate Takeover? In 2013, a Lawsuit Almost Always Followed – NYTimes.com